Tameer Micro Finance Bank, one of the first micro finance institutions in Pakistan and an aggressively growing organization, launches the Inter-bank funds transfer facility on its POS network via 1LINK.
Tameer is the first micro finance bank to use alternative technology-based channels to reach out to the un-banked population of grassroots in Pakistan. This imparts a full spectrum of banking service to customers through the innovative use of POS terminals and ATMs.
Tameer Bank initially launched the debit card program and joined the 1LINK network for wide spread financial reach to its growing customer base. After this nationwide launch of Tameer on the 1LINK network, Tameer customers can access their bank accounts from 3100 Plus ATMs across Pakistan round the clock.
Moving beyond the basic cash dispensing facilities, the bank has taken new initiatives to automate its deposit function. Being a micro-finance bank, an efficient and effective loan collection mechanism is of significant importance. To ease and reduce the hassle of traveling up to the branches, Tameer kicked off the loan collection process through POS. With this facility, customers make payments by just swiping their debit cards at the POS terminals that are easily accessible through the agents in these remote areas.
Taking another forward step, Tameer has also launched the Inter bank funds transfer facility through POS.
With this launch, customers can transfer funds from any of their banking account to other over the POS networks available conveniently through agents in the unbanked areas.
“Tameer Bank is always looking for ways to serve the masses better and alleviate poverty in Pakistan’s micro-sector. Since inception, Tameer has a keen focus on customer-oriented products and services and leveraging on technology to provide innovative e-Banking services in the unbanked areas. The deposit automation facilities will ensure that our end-customer experiences world-class banking services that are easy to use and beneficial for their exact needs whereby they will be free from the hassle of traveling up to the branch and standing in queues to make deposits.” Said Mr. Ali Abbas, Group Executive Director, Tameer Bank.
